Extrinsic LLC

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Extrinsic LLC - overview

Established

2004

Location

Durham, NC, US

Primary Industry

Business Support Services

About

Extrinsic LLC is a staffing solutions provider specializing in connecting businesses with qualified professionals across various sectors, including IT, finance, and property management. Extrinsic LLC, founded in 2004, is based in Durham, US. The company was acquired by BG Staffing in November 2011 as part of a strategic move to enhance staffing solutions. The founder's history is not detailed in the available information.


Extrinsic LLC specializes in workforce solutions, focusing on staffing for professional sectors such as IT, finance, accounting, human resources, and property management. The firm connects businesses with a well-qualified talent pool, placing over 30,000 individuals with more than 9,000 clients annually across the United States. The company's services are tailored to meet industry demands, offering both project-based support and long-term placements, particularly in the Property Management Division, which addresses staffing needs in the multifamily and commercial real estate sectors. Extrinsic LLC generates revenue primarily through B2B transactions by providing staffing solutions to clients.


Income is derived from fees for placing professionals in various roles, encompassing both temporary and permanent positions. The company employs a pricing structure based on the level of service required, ensuring clients receive tailored solutions that align with their operational needs. As part of its growth strategy, Extrinsic LLC plans to further develop its service offerings and expand into new markets, although specific new product launches and geographic expansions have not been detailed in the available information. The recent acquisition by BG Staffing will support these initiatives, enhancing the company’s capacity to meet market demands.


Current Investors

BG Staffing, Inc.

Primary Industry

Business Support Services

Sub Industries

Business Support Services, Software

Website

www.extrinsicllc.com

Company Stage

Add-on

Total Amount Raised

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Extrinsic LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedExtrinsic LLC-

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Extrinsic LLC - employee data

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